Manchester City and Manchester United both had quiet January transfer windows, with the former already having an ultra strong squad, while the Red Devils are restricted by Financial Fair Play after significant spending in the summer.
City will be hoping to challenge leaders Liverpool for the title between now and the end of the season, while United need to get back into the thick of the European race. In the meantime, we have put together the latest net spend table for the season based on summer and winter spending. The table is calculated by taking any incoming fees away from money spent. Any club with a plus has made a profit, while the minuses are of course losses.